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Landis+Gyr Win €10 million Euro Smart Meter Project with Finnish Utility

The investment will allow Vaasan Sähköverkko to revolutionise its energy and cost-efficiency and service offers through process re-engineering that forms an integral part of the AMM solution. The system provides, for example, real-time energy consumption information, making billing clearer and enabling residents to track their own energy use.

Rauno Leinonen, Sales Director, at Landis+Gyr in Finland, comments: “We have already undertaken a number of significant contracts across Europe and are delighted to now be working with Vaasa in Finland. Consumer research has demonstrated a huge demand for smart metering and its ability to reduce both cost and carbon. All major utilities are only too aware of the operational benefits that integrated smart metering systems can bring them and there is increasing governmental support for a wholesale transition to smart metering. Vaasa is a pioneer in the Finnish market and we look forward to working with them.”

Landis+Gyr will be responsible for all implementation, including hardware installation, AMM system implementation, training, and the integration of customer data and energy data management control systems.  The AMM system, guaranteeing the best possible coverage and cost-effectiveness, is based on a combination of GPRS and low voltage network communication. Installation is made easier by the Site Manager application, with which data can be entered directly into the system while installation and service work is being performed on site. The system is to be fully operational within two years

“With significant technological progress and solid backing from governments and influencers, smart metering is set to revolutionise energy management and grid reliability across the globe,” added Rauno.  “It provides utilities with the data required to manage energy use, efficiency, demand response and revenue protection. In addition, their customers benefit from lower energy costs, and, crucially, a reduced carbon footprint.”